Welcome to an incredible opportunity in Monroe, MI! We present to you a vacant 1-acre parcel of land, strategically positioned off the main road, US-24, also known as Telegraph Road. This prime location boasts exceptional potential for development and is an ideal investment opportunity for both residential and commercial purposes. Situated directly in front of the esteemed Southpointe Subdivision and across the street from 21 condo developments, this parcel offers a highly sought-after location that guarantees visibility and exposure. The proximity to these established residential communities and condominiums presents a unique advantage for various development possibilities. One of the most remarkable features of this property is its flexibility in zoning options. Whether you envision a residential haven or a thriving commercial venture, this land can be effortlessly rezoned to accommodate your specific needs. This versatility opens the doors to a wide range of possibilities, giving you the freedom to shape this space according to your vision. Location is everything, and this property boasts an enviable position. Situated just over 2 miles from I-75, it offers convenient access to major transportation routes, connecting you effortlessly to neighboring cities and beyond. Furthermore, being only 2 miles away from every store and restaurant in town ensures that residents or potential customers will have easy access to amenities, creating a desirable and convenient lifestyle. Monroe, MI, known for its rich history, vibrant community, and provides an ideal backdrop for your future endeavors. Imagine the possibilities for this vacant land - a residential community tailored to modern living, with amenities designed to enhance the quality of life for its residents. Alternatively, you could envision a bustling commercial development, where businesses thrive, catering to the needs and desires of the local population. The potential for this 1-acre parcel is immense.
Property Details
Property Features
Listing Office:
Office Name: Coldwell Banker Haynes R.E. - Monroe
Office Phone: (734) 242-8484
Listing Agent: Cole McNew
Lot Features
Lot Information:
Lot Size: 1.00 Acres
Price Information
Listing Price Info
Price Summary:
List Price: $99,900
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Monroe, MI.
This property is $109.1K less than the Median Sold Price in Monroe, MI.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: Southeastern Border Association of REALTORS®
MLS Number: #57050111716
Listing Office:
Office Name: Coldwell Banker Haynes R.E. - Monroe
Office Phone: (734) 242-8484
Listing Agent: Cole McNew
Disclaimer: The data relating to real estate on this web site comes in part from the IDX of Realcomp II Ltd. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.
IDX information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited.
We're sorry, we currently don't have sales or tax history data for this listing.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$566
Per Month
Principal & Interest
$499
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$366
Powered By
NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
3
/10
Custer Elementary School
5003 W Albain Rd
Distance between this listing and this school1.02 miles
Public District Grades PK-6
2
/10
Waterloo Elementary School
1933 S Custer Rd
Distance between this listing and this school1.58 miles
Public District Grades PK-6
5
/10
Manor Elementary School
1731 W Lorain St
Distance between this listing and this school2.47 miles
Public District Grades PK-6
Nearby Schools
5
/10
Monroe Middle School
503 Washington St
Distance between this listing and this school1.99 miles
Public District Grades 6-8
6
/10
Triumph Academy
3000 Vivian Rd
Distance between this listing and this school5.33 miles
Public Charter Grades KG-8
8
/10
Mason Middle School
2260 Lakeside Rd
Distance between this listing and this school6.80 miles
Public District Grades 6-8
Nearby Schools
5
/10
Monroe High School
901 Herr Rd
Distance between this listing and this school1.40 miles
Public District Grades 8-12
9
/10
Monroe County Middle College
1101 S Raisinville Rd
Distance between this listing and this school2.41 miles
Public District Grades 9-12
2
/10
Orchard Center High School
1750 Oak St
Distance between this listing and this school2.89 miles
The neighbors living near this home have an average income of $95,360. Most Monroe, MI residents have annual incomes between $35k-100k. Residents typically live in married, no kids family. The majority of residents in this area have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 0 Southpointe
What is the listing price of this property?
The listing price of 0 Southpointe property is $99,900.
What type of property is this?
The property 0 Southpointe is land located in Monroe, Michigan, 48161.
Is this property for sale now?
Active Listing: 0 Southpointe is For Sale (Active/New) which means the seller is accepting offers.
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 0 Southpointe in Monroe, MI and zip code 48161. This home sits on a 1.00 acre lot. It has been listed on Rocket Homes since June 09, 2023 and is currently priced at $99,900.
Monroe, MI housing market in October 2024 saw over 16 listings sold above listed price, more than 10 sold at listed price and over 21 sold below. The inventory of homes for sale in Monroe, MI between September 2024 and October 2024 decreased by 1.5%. In October 2024 median list price was $209,000 and the average listing age was 31 days.
From Rocket Homes Real Estate and based on county public records data.
Disclaimer: The data relating to real estate on this web site comes in part from the IDX of Realcomp II Ltd. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. 
NASCAR
NASCAR
Soccer
PGA/LPGA
Dick's Sporting Goods
Old Navy
Stein Mart
Arbys
Jimmy Johns
Cracker Barrel
GMC
Lexus
Buick
Adult Hits
New Country
Oldies